Practice Areas - Equity Capital Markets Law Firms and Lawyers
| Deal Date: | 13-12-2011 | Practice Area: | Equity Capital Markets |
| Deal Title: | New China Life Insurance IPO | Industry: | Life Insurance |
| Description: |
Slaughter and May, Hong Kong, is advising on the US$1.9 billion global offering and listing of H and A shares of New China Life Insurance Company Ltd. (NCI) on the Hong Kong Stock Exchange and Shanghai Stock Exchange. Slaughter and May is acting as Hong Kong legal adviser to the joint global coordinators, China International Capital Corporation Hong Kong Securities Limited (CICC), UBS AG, Hong Kong Branch, Goldman Sachs (Asia) L.L.C., and other underwriters.
NCI is a large life insurance company in the PRC and provides a broad range of life insurance products and services to individual and institutional customers through an extensive distribution network in the country. In 2010, NCI was the third ranked life insurance company in the PRC in terms of gross premium income.
The listing was announced on 2 December 2011 and NCI is expected to list on the Hong Kong Stock Exchange on 15 December 2011.
Benita Yu (partner), Vanessa Cheung (associate).
|
||
| Financial Center: | Hong Kong | Value: | 1000.01-5000.00 |
| Advised Party: | Lead Managers | Law Firm | Slaughter and May |
| Issuer Jurisdiction- | China | Listing Jurisdiction- | Hong Kong |
| Classification: |
Initial Public Offerings Hong Kong Stock Exchange |
Lawyer | Benita Yu |
